Hi,
I have a question about our lease contract. This leased property was subleased by the previous tenant to me. They need to leave Australia for visa reasons and I took over the lease. But my condition to take over the lease was that I'd be given at least 12 months to rent it. That was one of my conditions because I knew that the owner may have plans of selling the property and I was already ready to move out and rent another property.
They assured me that I will be given at least 12 months and the owner said if ever they will decide to sell the property, they will let me know first so in case my situation improves, they will give me priority to submit my offer to buy before they open it to the market. Then the owner followed by saying that their decision to sell the house would surely not happen within this year.
After a month of taking over the lease, the owner put a for sale sign in front of the leased property. All the verbal discussions were ignored.
What if the leased property be sold soon and the buyer want us to leave the premises because they will occupy the house? Can my lease contract win over that?
Please guide me. Thanks!
I have a question about our lease contract. This leased property was subleased by the previous tenant to me. They need to leave Australia for visa reasons and I took over the lease. But my condition to take over the lease was that I'd be given at least 12 months to rent it. That was one of my conditions because I knew that the owner may have plans of selling the property and I was already ready to move out and rent another property.
They assured me that I will be given at least 12 months and the owner said if ever they will decide to sell the property, they will let me know first so in case my situation improves, they will give me priority to submit my offer to buy before they open it to the market. Then the owner followed by saying that their decision to sell the house would surely not happen within this year.
After a month of taking over the lease, the owner put a for sale sign in front of the leased property. All the verbal discussions were ignored.
What if the leased property be sold soon and the buyer want us to leave the premises because they will occupy the house? Can my lease contract win over that?
Please guide me. Thanks!